All of the following are true about a "stop sell" limit order, except
A) your stock will be sold at the exact price indicated on the stop sell order.
B) your stock will be sold at the first available trade once the stop sell limit price is reached.
C) stop sell orders are a good way to reduce downside risk of a stock.
D) a stop sell limit order can be issued for the trading day or as a good until canceled order.
Correct Answer:
Verified
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